RANGER
RANGER is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Eagleridge Operating, LLC. It has 7 wellbores on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 134,372 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.4M, with roughly $437K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 686 barrels a month, about 98 per wellbore. Its strongest month on the record we hold was September 2017, at 1,593 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about RANGER
- Who operates RANGER?
- RANGER is operated by Eagleridge Operating, LLC, Railroad Commission of Texas operator number 238462.
- Where is RANGER?
- RANGER is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31631.
- Is RANGER still producing?
- RANGER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANGER is August 2026.
- How much has RANGER produced?
- RANGER has reported 134,372 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 7 wellbores.
- How much is RANGER worth?
- The remaining production from RANGER is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANGER is a fraction of it. The estimate fits an Arps decline curve to the production RANGER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANGER is an estimate of value, not an offer and not an appraisal.
- How much income does RANGER generate in a year?
- RANGER is forecast to net about $437K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RANGER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eagleridge Operating, LLC |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 31631 |
| Wellbores | 7 |
| Reported production | 134,372 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where RANGER sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.